In the first half of October 2026, the annual general inflation rate in Mexico stood at 3.62% , after the National Consumer Price Index (INPC) increased 0.41% compared to the previous two weeks, the National Institute of Statistics and Geography (Inegi) announced .

The result represented an improvement compared to the 3.42% recorded in the first half of September, although it remained slightly below the 3.63% observed in the same period of 2025.

“The year-on-year variation accelerated for the third consecutive time, due to pressures in agricultural and energy products, accompanied by a rebound in the core index, after it slowed down between August and September,” explained the Financial Group Ve por Más (BX+) .

According to INEGI, the core inflation index —which excludes highly volatile goods and services— rose 0.25% on a biweekly basis . Within this index, merchandise prices increased 0.17% and services prices rose 0.31%.

“The increase in the underlying asset was the largest for a first half of October since 2022, highlighting the rise in air transport prices, partly reflecting a seasonal pattern and, in addition, possible pressures from fuel costs,” BX+ stated in an analysis.

Meanwhile, the non-core price index —which includes goods and services whose prices are subject to fluctuations— rose 0.98% biweekly . Prices for agricultural products fell 0.11%, while energy prices and government-regulated tariffs increased 1.85%.

This latest increase was driven by the end of the summer electricity subsidy in 18 cities across the country, a seasonal adjustment that put pressure on the overall indicator.

Electricity and air transport on the rise

Among the products with the greatest price increases in the first half of October were electricity with an increase of 18.51%, air transport with 14.77%, green tomatoes with 22.07%, zucchini with 16.27%, and LP domestic gas with a bi-weekly increase of 1.38%.

In contrast, the price of lemons fell by 10.43%, avocados by 4.79%, oranges by 4.58%, bananas by 4.15%, tomatoes by 3.04%, and potatoes and other tubers by 2.53% on a bi-weekly basis.

The behavior shows that the bi-weekly rebound was mainly concentrated in energy and some services, while the underlying component maintained moderate increases.

In that regard, the Ve por Más Financial Group considered that the inflationary outlook is still challenging and that the variable could accelerate “somewhat more towards the end of the year”.

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El cargo Electricity and air transport accelerate inflation in the first half of October apareció primero en T21.

The economy of Latin America and the Caribbean is expected to maintain moderate growth during 2026 , in a scenario marked by geopolitical tensions, disruptions in logistics routes and uncertainty in trade policy, according to the Economic Commission for Latin America and the Caribbean (ECLAC) .

In the case of Mexico, the organization estimated that the Gross Domestic Product (GDP) will grow 1.6% this year and 2.2% by 2027 , according to the report “Latin America and the Caribbean: GDP growth projections 2026 and 2027” .

The projection represents an upward adjustment compared to ECLAC’s estimate from last August, when it predicted that Mexico would grow 1.3% in 2026 and 1.9% next year.

Even with the increase, these rates are lower than those projected for Latin America and the Caribbean: 2% for 2026 and 2.5% for 2027.

The regional outlook is shaped by an international environment that combines weaker demand prospects, increased pressure on energy and food prices, and less favorable financial conditions. These factors could drive up the cost of inputs, transportation, and imports , as well as reduce household purchasing power.

The impact, however, will not be uniform. Commodity-exporting economies could benefit from higher international prices, while importing countries would face increased costs that would put pressure on both businesses and domestic consumption.

ECLAC warned that job creation continues to grow, albeit at a slower pace . This is compounded by an upward trend in inflation, driven primarily by rising energy and food prices.

Financing presents another challenge. Higher international inflationary pressures and increases in interest rates in developed economies could make credit more expensive for governments, businesses, and consumers, with potential effects on investment.

In that context, the ability of Latin American economies to sustain consumption and investment will be crucial for the growth projected for 2027 to materialize.

Differences between the subregions

ECLAC projections show different behaviors among the economies of Latin America and the Caribbean.

In that sense, South America would grow 2.1% in 2026 and 2.4% in 2027, while Central America would register advances of 1.7% and 2.8%, respectively.

In Central America, the overall result is influenced by the performance of Cuba and Haiti. Excluding both economies, the average projected growth for the subregion would rise to 4.1% in 2026 and 4.2% in 2027.

For the Caribbean , the organization estimated growth of 7.4% in 2026 and 7% in 2027, figures that primarily reflect Guyana’s performance. Excluding Guyana, growth would be 1.2% and 1.9%, respectively.

These differences reflect countries’ unequal exposure to international prices, trade and financial conditions, and their productive capacities.

Productive development to boost growth

Given the prospect of limited growth, ECLAC suggested strengthening productive development policies and promoting integrated formalization strategies , with the aim of increasing productivity, expanding investment and generating formal and quality jobs.

The organization proposed coordinating labor, fiscal, financial, and production policies to boost the capabilities of companies and facilitate more inclusive and sustainable growth.

The outlook for 2027 will also depend on the evolution of global demand, commodity prices, financial conditions and the possible effects of the El Niño phenomenon.

For Mexico and the rest of the region, the challenge will be to convert macroeconomic stability into greater productive dynamism, in a context where costs, financing and international uncertainty will continue to condition investment decisions.

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El cargo ECLAC anticipates moderate growth for Mexico in 2026; uncertainty would put pressure on costs and investment apareció primero en T21.

Despite a slower pace in the Mexican economy, the country’s commercial sector showed positive results in both wholesale and retail trade, which registered increases in their income in August 2026, according to figures from the National Institute of Statistics and Geography (Inegi) .

In the eighth month of the year,  revenue from the supply of goods and services in the wholesale trade sector increased by 0.3% month-on-month. Employment grew by 0.3%, while average real wages fell by 1% month-on-month, according to the results of the Monthly Survey of Commercial Enterprises (EMEC).

During the period, the  retail sector reported strong revenue growth of 1.2%, while employment increased by 0.2%. Conversely, average real wages fell by 0.8% month-on-month.

In their annual measurement, wholesale businesses saw a 6.3% increase in revenue, as well as a 0.2% decrease in the workforce and a 1% increase in average real wages.

Meanwhile, retail businesses reported a 3.2% increase in their income from the supply of goods and services; employment grew by 0.9% and average real wages increased by 5.2% year-on-year.

In the wholesale trade, the figures from Inegi show that the income of companies dedicated to agricultural and forestry raw materials, inputs for industry and waste materials grew 9.1% annually during August.

Also noteworthy were companies specializing in machinery, equipment, and furniture for agricultural, industrial, service, and commercial activities , whose revenues increased by 7.5%, as well as those dedicated to trucks, parts, and new spare parts for automobiles, vans, and trucks , with an annual increase of 7.1%.

In contrast, wholesale trade intermediation revenues fell 21.7% year-on-year.

In the retail sector, companies that sell exclusively via the internet, printed catalogs, television, and similar media recorded an annual growth of 17.6% in their revenue.

Establishments dedicated to health care items reported a 9.3% annual increase in their income, while those in hardware, paint and glass stores advanced 8.3% annually.

Meanwhile, revenues from self-service and department stores grew 1% annually, and those from grocery, food, beverage, ice and tobacco establishments increased 0.9% year-on-year.

The performance of commercial enterprises is relevant to supply chains, because their operations connect producers, manufacturers, and importers with distribution channels and end consumers .

The growth in wholesale revenue may be associated with increased marketing activity of goods and supplies, while the expansion of retail establishments allows us to observe demand patterns in consumer sales channels. These trends can impact transportation, warehousing, inventory replenishment, and distribution needs .

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El cargo Wholesale and retail trade revenues rebound in August apareció primero en T21.

In September 2026, the Timely Indicator of Economic Activity (IOAE), prepared by the National Institute of Statistics and Geography (Inegi) , would have anticipated a monthly increase of just 0.1% and an annual increase of 3.7% for the Mexican economy .

These estimates show a growth outlook in their year-on-year comparison, although with a less dynamic monthly pace.

By economic activity groups, the tertiary sector —which includes trade, transport and storage, among other services— would register an annual increase of 4% , while the secondary sector , related to manufacturing, construction, mining and energy generation, would advance 3.6% compared to September 2025.

Meanwhile, the IOAE estimated an annual growth of 3.7% in the Global Indicator of Economic Activity (IGAE) at an annual rate.

In their monthly comparison, both the IGAE and secondary and tertiary activities would show an advance of 0.1%, which points to a limited expansion rate at the close of the third quarter.

Logistics sector, among the indicators to follow

For supply chains, the performance of tertiary activities is relevant because they include services related to trade, transport and storage, whose demand is related to the movement of goods and the behavior of productive activity.

The estimated annual growth of 4% for this group points to a favorable environment in comparative terms. However, the projected monthly growth suggests that the pace of expansion could remain moderate .

Meanwhile, the estimated annual increase for secondary activities offers a signal about the behavior of industry and the production of goods, activities that generate transportation requirements for raw materials, components and finished products.

The IOAE provides a timely estimate of the behavior of the IGAE and its main activity groups up to five weeks before the publication of official figures. It does this by using econometric models that leverage the statistical relationship between economic activity and other variables available further in advance.

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Mexico seeks to increase the participation of national companies and suppliers in energy projects through new methodologies to measure, verify and certify national content in the hydrocarbon, electricity and biofuels industries and to increase this requirement from 35% to 40%.

The goal is to strengthen local production chains, reduce dependence on imported inputs, and offer greater certainty about the origin of the goods and services incorporated into these activities.

At a press conference, Marcelo Ebrard, head of the Ministry of Economy (SE) , presented the methodologies as a mechanism to unify criteria that until now were scattered across different regulations. The ministry seeks, in addition to complying with legal obligations, to identify what portion of energy purchases, contracts, and investments actually remains in the country.

“The goal is to measure the national content in one of the most important sectors of the Mexican economy. We want to be able to monitor it and, at the same time, promote an increase in national content,” the federal official stated.

According to Ebrard, the change also has an operational implication: the deadline for certifying national content will be reduced from 18 months to 90 calendar days . The intention is to streamline procedures for companies and have verifiable information that allows for evaluating compliance with the percentages established in the regulations, in accordance with Article 74 of the corresponding energy laws, enacted on March 18, 2025.

The measure is closely linked to the “Made in Mexico” strategy . “Certifying that it was indeed carried out in our country, manufactured in our country, or designed in our country, or produced in our country,” he stated.

Alberto Uribe Camacho, Director General of National Content and Promotion in the Energy Sector, reported that, between October 2024 and October 2026, the SE issued 320 technical opinions related to national content compliance programs for the exploration, evaluation and development stages.

These programs are associated with planned investments of $152.024 billion over the next 30 years . Of that amount, $60.811 billion would correspond to national content, equivalent to 40% of the investment considered, above the 35% threshold established in the regulations.

He added that, during the same period, 31 verification procedures for national content expenditure were carried out, through which an amount exceeding 223 million dollars was verified.

National content is not limited to assembling equipment in Mexico or hiring local labor. According to Uribe, the methodologies consider goods and services of national origin, Mexican workers, specialized training, investment in local and regional infrastructure, as well as technology transfer and innovation.

This final dimension aims to ensure that projects not only generate domestic purchases but also contribute to the development of technical capabilities. To advance this objective, the Ministry of Economy is working with institutions such as the National Autonomous University of Mexico (UNAM) , the Mexican Petroleum Institute (IMP) , and the National Polytechnic Institute (IPN) to connect research projects and laboratories with the needs of energy companies, including Petróleos Mexicanos (Pemex) .

Another step announced this Monday, October 19, was to strengthen the catalog of goods and services and the registry of national suppliers for the three industries . The agency plans to work with Pemex, companies based in Mexico, and state economic development secretariats to identify suppliers operating in different regions and detect opportunities for small and medium-sized enterprises (SMEs) to join the supply chains .

This point is relevant for logistics and transportation, since energy projects require a supply network that includes equipment, materials, technical services, infrastructure, and the movement of goods.

Traceability of origin will be another important component. Ebrard emphasized that international trade will increasingly prioritize rules of origin, which determine where a product is manufactured and what inputs it incorporates. In this context, documenting the origin of goods and services can help companies demonstrate compliance with the applicable regulations for their business operations.

In this regard, the Ministry of Economy has explained that its National Content and Energy Sector Development division is responsible for measuring national content and promoting local production chains. Electricity sector legislation also includes a methodology for measuring and verifying this participation, while the Hydrocarbons Law establishes a minimum average of 35% for exploration and extraction activities.

The methodologies presented are part of a broader strategy to develop Mexican suppliers and monitor compliance with sector obligations. The outcome will be measured not only by the speed of the procedures, but also by the ability to translate the regulations into more contracts for Mexican companies, greater technological development, and broader productive participation in energy investments.

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El cargo Mexico seeks to increase domestic supply in the energy industry apareció primero en T21.

The value of goods exports from Latin America and the Caribbean is expected to grow by 20% during 2026 , which would be its biggest increase since the post-pandemic recovery in 2021, according to the Economic Commission for Latin America and the Caribbean (ECLAC) .

According to the report “International Trade Outlook for Latin America and the Caribbean 2026: The Importance of Modern Service Exports and How to Promote Them ,” this growth would be driven by an 11% increase in export prices and a 9% increase in trade volumes. However, performance would be uneven across subregions; while South America benefits from rising commodity prices, Mexico would stand out due to the dynamism of its manufactured exports .

On the import side, ECLAC projected a regional growth of 16% in value, resulting from a 12% increase in volumes and a 4% increase in prices, associated with the recovery of domestic consumption and greater demand for intermediate inputs and capital goods .

This behavior in merchandise trade is also reflected in services linked to its movement . The organization estimated that regional service exports will grow by 11% in 2026, driven by the recovery of transport and travel, as well as by the dynamism of modern services.

The analysis noted that trade in goods has increased demand for international logistics and transport services , while tourism has boosted travel exports, particularly in Central America and the Caribbean.

Even with these favorable prospects, ECLAC warned that international trade faces risks related to geopolitical tensions, disruptions in logistics routes and uncertainty in trade policies , in a context of reorganization of global value chains.

“The region faces significant challenges in an uncertain geopolitical environment. Geopolitical tensions, disruptions to logistics routes, and a lack of predictability in trade policy pose risks to trade,” emphasized José Manuel Salazar-Xirinachs, Executive Secretary of ECLAC.

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El cargo Trade in Latin America and the Caribbean is expected to grow in 2026; Mexico is projected to stand out for its manufacturing exports: ECLAC apareció primero en T21.

Industrial activity in 16 federal entities of Mexico registered monthly advances during June 2026, in an environment marked by regional differences in the performance of productive activities, according to the National Institute of Statistics and Geography (Inegi) .

According to the Monthly Indicator of Industrial Activity by State (IMAIEF), Tamaulipas registered the highest monthly growth rate at 13.7% , followed by Oaxaca at 5.5% and Quintana Roo at 4.1%. Guanajuato (2.5%) and Yucatán (1.8%) also stood out compared to May.

In contrast, Puebla experienced the largest monthly decline with a decrease of 6.2%, followed by Tlaxcala with 4.5% and Tabasco with a drop of 3.3%. Aguascalientes and Chihuahua saw decreases of 3.2% and 3.1%, respectively.

In its annual measurement , the states where industrial activity showed the greatest progress were Tamaulipas with a growth of 15.7 percent. It was followed by Hidalgo with 15.4% and Colima with 13.4% compared to June 2025.

Veracruz, Yucatán, and Oaxaca also reported annual increases of 7.8%, 7.5%, and 7.2%, respectively. Conversely, Morelos saw a 22% drop, Baja California Sur a 13.7% decrease, and Puebla experienced a 13% decline in industrial activity.

Activity by sector

In the sixth month of 2026,  manufacturing industries showed progress, mainly in Durango, Michoacán, Sonora and Zacatecas at an annual rate.

In  construction , the largest increases were in Hidalgo, State of Mexico, Colima, Veracruz, Guanajuato and Querétaro.

The  mining sector  registered increases in Tamaulipas, State of Mexico, Veracruz, Yucatan, Chiapas and Hidalgo.

In the  generation, transmission, distribution and marketing of electricity, water supply and natural gas by pipeline to the end consumer,  the increases in Veracruz, Yucatán, Oaxaca and Querétaro stood out at an annual rate.

Construction and mining drive some states

The sectoral breakdown reveals that the results do not follow a single production pattern. Using original figures and comparing them year-over-year, national industrial activity increased by 1.6% in June 2026 , with mining growing by 6.6% and construction by 4.7%. In contrast, manufacturing industries grew by only 0.1%, while electricity generation and distribution, water supply, and gas increased by 0.8% year-over-year.

June’s data suggests that the country’s industrial performance continues to be conditioned by the productive characteristics of each state. While some states found support in construction or mining, others faced manufacturing setbacks that impacted their overall results.

For transportation and logistics, the industrial activity of each region influences the demand for raw materials, supplies, equipment, and finished products. Growth in construction or mining can increase the need to move materials and goods, while a manufacturing slowdown can moderate the flows associated with industrial plants and their supply chains .

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El cargo Industrial activity in Mexico: Which states performed best in June? apareció primero en T21.

The growth of Mexican manufacturing exports has not translated into a proportional increase in the value added generated within the country. This is due, among other factors, to the high dependence on imported components and limitations in strengthening domestic supply chains, according to the “Trade and Development Report 2026: The Geoeconomics of Development ,” published Friday by the United Nations Conference on Trade and Development (UNCTAD) .

In the document, the organization acknowledges that geographical proximity to the United States , trade agreements, and regional production integration have consolidated Mexico as an important participant in North American manufacturing chains , particularly in the automotive, electronics, and agro-industrial industries.

This proximity has also contributed to manufactured goods accounting for more than 80% of Mexico’s merchandise exports in recent years. However, between 2000 and 2025, exports of information and communications technology (ICT) and electronics products increased from $45 billion to $110 billion, while Mexico ranked as the world’s sixteenth largest exporter of semiconductor devices last year.

Similarly, UNCTAD warns that the growth in exports with higher technological content has not translated into a proportional generation of domestic value. In the ICT and electronics sectors, the import intensity of intermediate inputs reaches 85.3%, one of the highest in Mexican manufacturing, while foreign value added represents 70.7% of the gross value of these exports. According to the organization, this dependence has limited the development of suppliers and links with domestic production chains.

The growth of high-value exports has had limited effects on strengthening national production chains , industrial modernization, and consolidating a local supplier base.

Automotive industry and USMCA review

The automotive industry faces similar challenges. Mexico has consolidated its position as a manufacturing platform linked to the North American market , particularly the United States, which received nearly 80% of Mexican light vehicle exports in 2024.

Similarly, the report notes that the joint review of the 2026 USMCA has placed automotive rules of origin, regional value content thresholds, and economic security criteria at the center of negotiations, which, according to UNCTAD , introduces regulatory uncertainty for the Mexican industry.

Finally, on this point, UNCTAD warns that Mexico’s participation in the global semiconductor value chain risks remaining concentrated in lower-margin, labor-intensive activities, mainly assembly, testing, and packaging.

Global trade continues to grow

In the international context, UNCTAD projects that global trade in goods and services will grow by around 4% in real terms during 2026, after registering an increase of 4.4% in 2025. In contrast, the growth of the world economy would slow from 2.9% to 2.6% in the same period.

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The rise in the price of some agricultural products such as tomatoes and onions influenced the increase in the general annual inflation, which stood at 3.45% in September 2026 , which implied a monthly increase of 0.42% in the National Consumer Price Index (INPC), reported the National Institute of Statistics and Geography (Inegi) .

“The year-on-year change accelerated for the second consecutive reading, due to the reversal in the non-core index,”  Grupo Financiero Ve por Más (BX+) said  in an analysis.

According to Inegi, the  core price index —which does not take into account the most volatile goods and services— increased 0.20% on a monthly basis , with a rise in the prices of goods of 0.14% and an increase of 0.26% in those of services.

“The underlying rate moderated slightly, although its variations are still relatively high despite a context of fragile economic dynamism,” BX+ explained.

Meanwhile, the non-core price index —which includes goods and services whose prices are subject to fluctuations— rose 1.20 percent . Within this index, fruit and vegetable prices increased by 4.40 percent, and energy and regulated tariffs rose 0.41 percent month-on-month, reflecting upward pressure on various frequently consumed products and services in Mexico.

“Non-core inflation would extend its upswing, as the prices of various raw materials (not just energy) and logistics costs continue to show significant volatility in response to geopolitical conflicts; in addition, the prices of agricultural products would be affected by the ‘El Niño’ phenomenon,” explained Ve por Más.

The increase in inflation last September is mainly explained by a rebound in the price of agricultural products such as tomatoes with a rise of 30.25%, onions with 23%, air transport with 6.59%, other fruits with 6.13%, primary education with 6%, LP domestic gas with 3.14% and chicken with a monthly increase of 1.78%.

In contrast, the products with the greatest decrease in their cost during the cycle were professional services with a drop of 16.44%, potatoes and other tubers with 13.92%, avocados with 8.11%, oranges with 5.65% and tequila with a decrease in its cost of 2.62% at a monthly rate.

Among the states with the largest monthly increases in the National Consumer Price Index (INPC) were Tlaxcala, Colima, and Puebla . Meanwhile, Baja California Sur, Quintana Roo, and Coahuila were among the states with variations below the national average.

The overall result is still within the variability range of the Bank of Mexico’s (Banxico) inflation target for 2026, which is 3% +/- one percentage point .

According to Ve por Más’s analysis, the inflationary outlook is still challenging , so it predicted an acceleration “somewhat more between now and the end of 2026, although it would manage to stay below 4%.”

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El cargo Which products contributed to inflation in Mexico during September? apareció primero en T21.

Prices for transportation, postal and storage activities in Mexico registered a monthly increase of 0.81% and an annual increase of 5.86% , according to the National Producer Price Index (INPP), prepared by the National Institute of Statistics and Geography (Inegi) .

The result occurs in a context where the INPP increased 1.37% monthly and 4.05% annually in the ninth month of the year, while the prices of tertiary activities advanced 0.76% monthly and 4.52% annually.

According to the INPP, air cargo transport prices increased 1.02% monthly during September, although they showed an annual decrease of 1.50 percent.

This trend is occurring while air cargo continues to grow in Mexico. During the first half of 2026, 616,193.8 tons were transported, 4.7% more than in the same period of 2025, according to data from the Federal Civil Aviation Agency (AFAC) .

Air transport continues to be a segment geared towards higher value and time-sensitive goods, so a monthly increase in rates can be passed on more quickly to operations where speed has an important weight in the logistics decision.

Meanwhile, the airport usage fee decreased by 0.80% monthly during the reference period, although it showed an annual growth of 1.78%. It’s worth noting that Mexico City International Airport (AICM) increased its Airport Usage Fee (TUA), which took effect on April 1st and will remain in place until December 31st, 2026.

Air cargo handling services saw a monthly increase of 0.16% and an annual increase of 5.32%. This indicator reflects a different pressure than that of freight rates: while freight costs can respond to capacity, routes, and demand, handling activities are linked to the infrastructure and services necessary to move cargo within terminals .

In rail freight transport , the price did not register a monthly variation in September, but increased 7.16% at an annual rate.

This behavior comes as the railroad faces a debate over infrastructure costs. The federal government, through the 2027 Economic Package, proposed a 140% increase in tolls for using the railways, a measure that has generated concern among user companies due to its potential impact on products such as grains, raw materials, fuels, steel, and finished goods.

Maritime freight transport saw a 1.72% increase month-on-month and a 3.31% increase year-on-year in September. The combination of increased container traffic and fluctuations in maritime transport costs indicates that demand for port and logistics capacity continues to grow, although with varying pressures across the different services within the supply chain.

Port usage fees showed no monthly change last September; however, they grew 7.59% year-on-year.

The importance of this indicator goes beyond the tariff itself. In Mexico’s main ports, delays represent an operating cost for carriers, as they simultaneously immobilize tractor-trailers, drivers, and fuel. An analysis by T21 Business Intelligence estimated that delays in Manzanillo, Lázaro Cárdenas, Veracruz, and Altamira generate an associated cost of 1,166.3 million pesos per month for the trucking industry, considering the operational days of each port.

Regarding general freight trucking , this service saw a monthly price increase of 0.18% and a year-on-year increase of 3.56%. This result remains linked to the costs faced by trucking companies, particularly for fuel, maintenance, tires, and equipment availability.

The toll for trucks and buses had no monthly variation during September 2026, but its annual increase was 7.59 percent.

Customs brokerage firms and other freight forwarding services saw a 0.27% decrease in their monthly costs and a 0.08% annual increase. This data comes at a time of regulatory changes in customs matters. The Chamber of Deputies recently approved modifications to customs legislation, so these agencies are simultaneously facing pressure to update their regulations and technology.

The parcel and courier service saw a price increase of 0.18% month-on-month and 4.93% year-on-year. This trend is occurring in a segment linked to the growth of e-commerce and distribution chains that require more frequent deliveries.

Meanwhile, cargo storage costs increased by 0.32% monthly and 2.80% annually. This component is gaining importance in an environment where companies are reorganizing inventories and distribution networks . Warehousing is no longer just a space to store goods; it has become a component of demand response strategy, particularly with the growth of e-commerce and nearshoring (relocation of production lines).

September data shows that logistics inflation is not evenly distributed . While the sector as a whole accelerated to 5.86% annually, the largest increases are concentrated in infrastructure and some modes of transport and services, such as rail, tolls, and port usage fees, which were above 7% annually.

The takeaway for logistics companies is that cost pressures do not come from a single input, but are formed by elements such as infrastructure, energy, transportation, goods handling, and specialized services.

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El cargo Inflation in the Mexican logistics sector rose in September apareció primero en T21.